Li-ion Battery market for AEVs in the US 2019 Market Size, Growth and Forecast Report

Li-ion battery is used as a power source in AEVs. In HEVs it is used as an alternate source of power while in BEVs and PHEVs it is used as a primary source of power. BEVs and PHEVs use electric motors for propulsion, which is powered by Li-ion batteries. The application of Li-ion battery is higher in BEVs and PHEVs because of its high energy density and longer life span compared to other rechargeable batteries available in the market. HEVs use both IC engines and electric motors for propulsion. The use of the double fuel system makes HEVs expensive, efficient, and the preferred choice among end-users. The use of battery-operated vehicles helps to reduce carbon emissions and the dependence on other fossil fuels. The battery used in HEVs is automatically charged during transportation, through a regenerative braking mechanism. The batteries used for PHEVs and BEVs are charged through charging stations. The voltages required for charging is typically ranging between 110 to 440 V for residential or commercial charging socket.

The report covers present scenario and the growth prospects of the Li-ion Battery market for AEVs for the period 2015-2019. The Li-ion Battery market for AEVs in the US has been segmented on the basis of: Vehicle Type (HEVs, PHEVs and BEVs) and Demand Type (New Demand and Replacement Demand).

The report, Li-ion Battery market for AEVs in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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